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To: Wyätt Gwyön who wrote (635)2/5/2003 11:02:45 PM
From: yard_man  Read Replies (1) | Respond to of 1210
 
thank you. You are right of course -- it isn't that simple, but the article omitted the general effect, if I didn't miss it and I thought it should be mentioned and then examined in more detail. Don't get me wrong I think debt collapse will be the issue ...

>>i think the bigger effects of dollar depreciation are going to come in the form of higher interest rates, which will bite the consumer in the ash<<

and lets not forget investment flows away from stocks, too <g>